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Legislation #: 150507 Introduction Date: 6/25/2015
Type: Ordinance Effective Date: none
Sponsor: None
Title: Approving the Petition to establish the 51st _ Oak Community Improvement District; establishing the 51st _ Oak Community Improvement District, generally located at the north end of the block bounded by east 51st Street on the north, Brookside Boulevard on the west and Oak Street on the east in Kansas City, Jackson County Missouri; directing the City Clerk to report the creation of the District to the Missouri Department of Economic Development; and providing for a delayed effective date.

Legislation History
DateMinutesDescription
6/22/2015 Filed by the Clerk's office
6/25/2015 Referred to Planning, Zoning & Economic Development Committee
7/1/2015 Advance and Do Pass, Debate
7/2/2015 Passed

View Attachments
FileTypeSizeDescription
150507.pdf Authenticated 132K Authenticated
notice of hearing 51st and oak-001.pdf Public Hearing Notice 257K Notice of Hearing
REVISED ORDINANCE FACTSH 51st Oak CID.xls Fact Sheet 91K Revised Fact Sheet
# 50502639 v 1 (51st Oak CID Petition (Executed))-c.PDF Petition 1179K petition

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ORDINANCE NO. 150507

 

Approving the Petition to establish the 51st & Oak Community Improvement District; establishing the 51st & Oak Community Improvement District, generally located at the north end of the block bounded by east 51st Street on the north, Brookside Boulevard on the west and Oak Street on the east in Kansas City, Jackson County Missouri; directing the City Clerk to report the creation of the District to the Missouri Department of Economic Development; and providing for a delayed effective date.

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Petition to establish the 51st & Oak Community Improvement District (the “District”) as a political subdivision in accordance with Section 67.1401 through Section 67.1571, RSMo, otherwise known as the Missouri Community Improvement District Act (the “Act”), is hereby approved in its entirety.

Section 2. That the District is hereby established for the purposes set forth in the Petition, that the District shall have all the powers and authority authorized by the Petition, the Act, and by law, and shall continue to exist for a period of thirty (30) years, provided however that the District may be automatically continued for successive ten year terms, without having to submit a new Petition, subject to the condition precedent that the City Council shall not have adopted a resolution disallowing such continuation prior to the date upon which any successive term would have commenced.

Section 3. That the District shall annually submit its proposed budget, report and copies of written resolutions passed by the District’s board to the City pursuant to Section 67.1471, RSMo.

Section 4. That upon the effective date of this Ordinance, the City Clerk is hereby directed to report the creation of the District to the Missouri Department of Economic Development pursuant to Section 67.1421.6, RSMo, by sending a copy of this ordinance to said agency.

 

Section 5. That this ordinance shall not become effective until the latter of the dates upon which the following shall have each occurred: (a) The Curators of the University of Missouri shall have acquired from Kansas City Young Matrons fee title to the property now owned by Kansas City Young Matrons in accordance with the terms and conditions of the Real Estate Exchange Contract between them dated April 23, 2015, as evidenced by the recordation of a deed therefor in the Office of the Recorder of Deeds of Jackson County, Missouri, prior to December 31, 2015; and (2) the Commencement


 

Date under that certain Ground Lease dated February 20, 2015 by and between the Kansas City Area Transportation Authority and 51st and Oak, LLC, and the payment of Basic Ground Rent shall have begun, as those terms are defined therein.

 

_________________________________________________

 

Approved as to form and legality:

 

 

_______________________________

Brian Rabineau

Assistant City Attorney